Domestic tourism market sees better days ahead
Editor's Note: According to data released by the Ministry of Culture and Tourism, China's tourism consumption reached a record high during the just-concluded National Day holiday, realizing revenues of 649.71 billion yuan ($90.89 billion), an increase of 8.47 percent year-on-year. 21st Century Business Herald comments:
Even on Monday, the last day of the holiday, scenic spots nationwide received 50.97 million domestic tourists, an increase of 8.78 percent year-on-year, producing tourism revenues of 40.78 billion yuan, up 10.34 percent.
It is worth noting that while domestic tourism revenues increased significantly, the number of outbound tourists decreased to some extent during the National Day holiday. According to the National Immigration Administration, in the first six days of the holiday, there were 10.45 million border entries or exits by Chinese residents, down 11 percent from the same period last year. Among them, mainland residents crossed borders 6.07 million times, a decrease of 15.1 percent.